Later that year, we had a hail storm that caused $3B in damage.  

I can break away for a beverage downtown.Sendhil Krishnan, I'm partial to Viera since that's where I hailed while in Brevard.

For this very reason I think the last place anyone who lives in a high state income tax like CA and Oregon ( close second) should buy rentals Is Texas... you need to live in Texas to make sense of buy and hold in that state.. to pay income tax and what amounts to 2X to 3X amount of property tax just to hold a rental is I think something that many just don't look at .I can't tell you all the folks I talk to that go into Texas buy and hold don't realize what the tax's can do and after a few assessments their positive cash flow is now neutral or negative.. and in foundation issues Hail wind etc.. tough place for out of state to do business.

. , It was Shepard Maxwell and Hail but bought out by Tompkins a few years ago.  

Originally posted by @Christopher Haile:@Chris M.

I’ve had sewer lines fail, ridiculously expensive tree work I wasn’t expecting, hail storms, plumbing leaks that made a unit un-live-able, bad tenants, new city ordinances being enforced I’ve had to comply with, property tax increases, you name it.

We get lots of hail here as well so it's most likely the roofs have been hailed on if they are not new.

Hail damage claim from almost 2 years ago - Trying to get the recoverable depreciation and probably will need to request increase in claim amount.

I see you hail from Calgary.

If you are a multi-property owner, and your units are insured under separate policies, your deductible will apply, per location, if you are on what is typically referred to as a “package” or “blanket” policy, your deductible usually applies per occurrence (with exceptions, such as a "percentage" deductible for wind/hail).